Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ...
by bigfatkitten on Thursday November 05, 2026 @07:06PM
(#50386387)
Australia has one of, if not the highest rates of CGT in the world.
ASX dividend stocks are popular with retirees in particular because the dividends are fully franked, meaning you get a credit for the tax already paid on the dividends by the company.
If you’re in a low enough tax bracket, this can turn into a tax refund if the tax the company paid exceeds your own personal tax liability.
Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ...
by lotsofpulp on Thursday November 05, 2026 @09:49PM
(#50387539)
Interesting, thanks for the info.
In no scenario does losing control of at taxable event benefit the taxpayer.